Global Grace Foundation Inc

Nonprofit profile at a glance

EIN
812118816
IRS 990-EZ coverage
2016–2023
Forms available
Form 990-EZ 2023
Location
Moorpark, CA, USA
Phone
7472009020
Rating
94
Verdict
STRONG
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Reported finances

Revenue
$22,594
Expenses
$32,025
Assets
$202,316

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • MARK GOLASTANI (CEO)

People named in this filing

  • MARK GOLASTANI (CEO)
  • JIRIK ZADOURI (CFO)
  • SUZAN SACKET (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Global grace foundation's mission is to proclaim the gospel of christ and the beliefs of the evangelical christian faith to insprie in all persons the love that christ has for them. Global grace foundation will provide spiritual based conferences in turkey, philippines, dubai, azerbaijan, tajestekan, turkmenistan, Georgia, and armenia. This program is geared towards recent converts to christianit. Typical conferences will include a time for baptism and presentations on faith based subjects. Vounteers of the organization will travel to these countries approximately twice a year for a few weeks at a time to facilitate these conferences. The organization will not charge a fee for these services. Participation will be on a first come, first serve basis as venue capacity allows. All meetings will be held at community centers, churches, and/or hotel. Global grace foundation will also develop christian classes and evangelical messages that will be broadcasted on their website and local televi

What it reported doing in 2023

Global grace foundation proclaimed the gospel of christ and the beliefs of the evangelical christian faith to inspire all persons the love that christ has for them.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 100
  • Sustainability: 40
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 93.6%; rating input score 94

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -41.7%; rating input score 16; 16th percentile among comparable filings
  • Total-asset coverage ratio: 6.32; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 6.9% per year; rating input score 100; 66th percentile among comparable filings
  • Revenue growth: -0.3% per year; rating input score 0; 52nd percentile among comparable filings
  • Asset growth: 27.6% per year; rating input score 100; 90th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 93.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $30K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 8 filing years from 2016 to 2023
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 16/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.